Galgo

Galgo (formerly Migrante) is a Latin American fintech company founded in 2018 in Santiago, Chile, that operates a motorcycle and vehicle financing marketplace for underserved and low-income consumers. The platform combines embedded lending and insurance to make vehicle ownership accessible to people who are typically excluded from traditional financial systems. Galgo operates across Chile, Peru, Colombia, and Mexico, offering digital loans and financing solutions primarily for motorcycles — vehicles that serve as income-generating assets for gig workers and entrepreneurs. Originally focused on providing financial access to immigrants, the company has since broadened its mission to serve the broader underbanked population across Latin America. In 2023, the IFC (International Finance Corporation) announced a partnership with Galgo to further expand access to motor vehicles in the region. The company combines a digital-first approach with on-the-ground operations through offices in Santiago, Lima, Bogotá, and Mexico City.